Industry News

H&R Block enters deal to sell Option One Mortgage

Tax preparation firm also closing its own home-loan shop
Published on Apr 24, 2007

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by CareyBot

H&R Block Inc. said it’s reached an agreement to sell its subprime lending subsidiary, Option One Mortgage Corp., by Oct. 31, and plans to shut down its retail loan origination business, H&R Block Mortgage, before the sale closes. About 600 ...